Is there any time limit but the resersal of the bonus provision made?
It is the policy of the company to pay the bonus amount in Diwali and if the left employees does not come at Diwali the bonus amount is not paid.
According to the Bonus Act, is it correct?

Is e-filing of income tax return mandatory for a partnership firm having turnover less than 40 lacs, for the A. Y. 2009 - 10?

Is it still necessary to attach copy of partnership deed with the first ROI of the firm?

Thnx & Regards,
Niki

Hello,

There was a recent judgement of Supreme Court in year 2008, regarding the leviable of CST in the case of Works Contract, wherein it was decided about the levy of CST in the case of purhcase of goods from outside the state or likewise. I do not know the name of the Appellant but the case is for sure.

Please if anyone can give me any link to this judgement or mail me any copy or just inform me where I can get this judgement.

My email id is:- ca.hkgupta@yahoo.com

As I know that service tax
Below turnover Rs.9 lakhs is exempt
When turnover crosses Rs. 9 lakhs - Registration for service tax is compulsory.
When crosses Rs.10 Lakhs - assessee will be liable to service tax collection and payment.
first question is that if turnover is exact Rs.9 lakhs than Registration for service tax is compulsory?
second question is turnover crosses Rs.10 lakhs assesse is liable but from when he will start to collect service tax after receiving Rs.10 lakhs or from begining.If turnover of assessee is Rs 10 lakhs and Rs.2000 how much will he deposite the s tax?

Stamp duty & registration is deductible under 80C, However under a condition that residential property is liable to tax under income from house proerty. Residential ouse property shall be laible under income from house prpert only when construction is completed.Question is whether stamp duty paid before completion of consrtuction is eligible for deduction after ccompletion of construction? Or can it be claimed before completion of construction?

My son has made certain FDs in Banks, the interest income from which exceeds the threshold limit of Rs 10000 for FY 08-09. His Taxable income for the year is however NIL considering Interest on Housing loan. Now, what self-declaration Form should he submit to avoid recovery of TDS by the Bank? Is it Form 15H or any other. Pl clarify.

Hello to all
I just came here only let u all meet CA's in other parts of world. I m an articleship student & i m regularly to my articleship training. But the main problem faced by many articles today is that they dont get enough time to study & get passed in 1st attempt of any CA exam just b coz of this articleships training as u all may b familiar with the problems given by principle to agent like
1.No time management i.e as agent comes at time he principle should leave him at time .
2.Calling on sundys also even if no work is there or say just calling to do work as it is not compulsion as only 35 hrs in week given to work are sufficient.
3.The problems faced due to employess in office but principle never takes agent sides as agent is not trained well & employees have experience.
4.Due to this students go into work so much that they dont ecen remember what study they have done.
Now u can guess this problem is so serious & is the only main reason why people gets failed
Can we complain about the same to any forum, Act, Institute but not mentoaning the name of CA?
If yes & most if u have humanity & want INDIA to give more bright shining CA stars then do come forward.
Thank u all in advance to read this
Please your useful comments are needed

CAN AB & SONS (HUF) HAVING 'A' AS KARTA OF HUF RECEIVE A GIFT OF RS. 5.00 LAC FROM HIS BROTHER B. IS BROTHER OF KARTA COVERED UNDER THE DEFINATION OF RELATIVE. PLEASE CLARIFY. THANKS. SUNIL BUTANEY.

wat services falls under small service providers.. wat if m running a coaching institute with less than 9 lakhs turnover... will it fall under small service providers.... is it taxable or exempted...????

If anyone has any case-law regarding Remission or cessation of trading liability (Sec 41(1) of Income tax act), kindly forward or give its citation.